IFX.DE - Infineon Technologies AG

XETRA - XETRA Delayed price. Currency in EUR
16.23
+0.43 (+2.73%)
At close: 5:35PM CEST
Stock chart is not supported by your current browser
Previous close15.80
Open16.53
Bid16.31 x 427900
Ask16.32 x 8100
Day's range15.70 - 16.75
52-week range10.13 - 23.07
Volume14,537,407
Avg. volume10,185,380
Market cap20.305B
Beta (5Y monthly)1.25
PE ratio (TTM)23.42
EPS (TTM)0.69
Earnings date05 May 2020
Forward dividend & yield0.27 (1.71%)
Ex-dividend date21 Feb 2020
1y target est23.20
  • Reuters

    Infineon says Cypress takeover cleared, funding in place

    Infineon Technologies said on Tuesday that it had received final regulator clearance for its takeover of U.S. Cypress Semiconductor and that funding was in place to complete the deal. The German chipmaker announced the $10 billion takeover last June but the deal took longer than expected to reach the finish line as it underwent a U.S. review of its national security implications. The transaction, which will create a leader in automotive powertrain and in-car systems, is being funded with cash and committed acquisition financing from banks, Infineon said in a statement.

  • A Sliding Share Price Has Us Looking At Infineon Technologies AG's (ETR:IFX) P/E Ratio
    Simply Wall St.

    A Sliding Share Price Has Us Looking At Infineon Technologies AG's (ETR:IFX) P/E Ratio

    Unfortunately for some shareholders, the Infineon Technologies (ETR:IFX) share price has dived 35% in the last thirty...

  • Reuters - UK Focus

    LIVE MARKETS-Closing snapshot: Now, that's a rebound

    You can share your thoughts with Thyagaraju Adinarayan (thyagaraju.adinarayan@thomsonreuters.com), Joice Alves (joice.alves@thomsonreuters.com) and Julien Ponthus (julien.ponthus@thomsonreuters.com) in London. DID YOU SOMEONE SAY 'FALLEN ANGELS'?

  • Reuters - UK Focus

    LIVE MARKETS-Can markets bottom when the recession just begins?

    You can share your thoughts with Thyagaraju Adinarayan (thyagaraju.adinarayan@thomsonreuters.com), Joice Alves (joice.alves@thomsonreuters.com) and Julien Ponthus (julien.ponthus@thomsonreuters.com) in London. The PMIs this morning were brutal and showed European economies were set for an unprecedented shock.

  • Reuters - UK Focus

    LIVE MARKETS-When cutting the dividend isn't enough

    You can share your thoughts with Thyagaraju Adinarayan (thyagaraju.adinarayan@thomsonreuters.com), Joice Alves (joice.alves@thomsonreuters.com) and Julien Ponthus (julien.ponthus@thomsonreuters.com) in London. CAC 40 is among the underperformers this morning as flash PMIs for France pointed to services taking a major hit.

  • Reuters - UK Focus

    LIVE MARKETS-No market reaction to Euro zone and UK PMI data

    You can share your thoughts with Thyagaraju Adinarayan (thyagaraju.adinarayan@thomsonreuters.com), Joice Alves (joice.alves@thomsonreuters.com) and Julien Ponthus (julien.ponthus@thomsonreuters.com) in London. "Flash PMIs set to act as foretaste of economic tsunami to come," wrote earlier today Michael Hewson, chief market analyst at CMC Markets UK.

  • Reuters - UK Focus

    LIVE MARKETS-Risk-on trades fuel rally, bloc's PMI data awaited

    You can share your thoughts with Thyagaraju Adinarayan (thyagaraju.adinarayan@thomsonreuters.com), Joice Alves (joice.alves@thomsonreuters.com) and Julien Ponthus (julien.ponthus@thomsonreuters.com) in London. CAC 40 is among the underperformers this morning as flash PMIs for France pointed to services taking a major hit. Among single stocks, France's Biomérieux as expected is topping the charts after it won approval from the FDA for its product aimed at testing for coronavirus.

  • These 4 Measures Indicate That Infineon Technologies (ETR:IFX) Is Using Debt Reasonably Well
    Simply Wall St.

    These 4 Measures Indicate That Infineon Technologies (ETR:IFX) Is Using Debt Reasonably Well

    Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...

  • Bloomberg

    Infineon, Cypress Shares Jump After Deal Wins CFIUS Clearance

    (Bloomberg) -- Infineon Technologies AG’s $8.7 billion acquisition of Cypress Semiconductor Corp. was approved by the Committee on Foreign Investment in the United States, a small step forward for deals in an industry where regulatory and security concerns have stalled consolidation. Shares of both companies surged.“CFIUS has completed its review of Cypress’s previously announced merger transaction with Infineon Technologies AG and determined that there are no unresolved national security concerns,” Cypress said in a statement Monday. Infineon, based in Munich, also confirmed the approval.The combination still needs sign-off from China’s State Administration for Market Regulation, the companies said.“The most critical hurdle to overcome was CFIUS,” said Holger Schmidt, an analyst at Metzler. “While China pretty much killed the Qualcomm/NXP deal it is important to remember that was in the midst of the trade war between the US and China.” Schmidt added he’s “cautiously optimistic” that the Infineon deal will be approved.Shares of San Jose, California-based Cypress surged more than 40% in extended trading following the announcement. Infineon rose 2.4% to 16.19 euros at 9:09 a.m. in Frankfurt on Tuesday after earlier gaining as much as 6.2%.Semiconductor deals have slowed in recent years because of a U.S.-China trade war and concern among some American policy makers that China is pursuing illicit means to acquire key technology. The attempt to buy Cypress by a German company is seen as a important test of how far the Trump administration is willing to go to curb China’s ambitions. Bloomberg News reported last week that some U.S. national security officials had recommended that President Donald Trump block the transaction.Still, Trump has made some conciliatory statements recently. In a string of tweets last month, the President said that he wants to make it easy for other countries, including China, to do business with the U.S. and keep the lines of trade open.Other industry deals are still in limbo. Santa Clara, California-based Nvidia Corp. is waiting for Chinese approval of its acquisition of Israel’s Mellanox Technologies Ltd. Nvidia executives have said that they expect the transaction to close in the first half of this year. But investors are still concerned that geopolitics may stifle such consolidation.Qualcomm Inc. decided to scrap its $44 billion bid for rival chipmaker NXP Semiconductors NV in 2018 after an almost two-year wait for approval.To contact the reporters on this story: Ian King in San Francisco at ianking@bloomberg.net;Sarah Syed in London at ssyed35@bloomberg.netTo contact the editors responsible for this story: Alistair Barr at abarr18@bloomberg.net, ;Giles Turner at gturner35@bloomberg.net, Amy ThomsonFor more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

  • U.S. clears Infineon's $10 billion takeover of Cypress
    Reuters

    U.S. clears Infineon's $10 billion takeover of Cypress

    Shares in Infineon Technologies rallied in early trading on Tuesday after a U.S. national security review raised no concerns over its proposed $10 billion takeover of Cypress Semiconductor Corp. Infineon shares opened up 6.1%, regaining some ground lost on a report last week that the Committee on Foreign Investment in the United States (CFIUS) had advised President Donald Trump to block the deal on national security grounds. CFIUS, a body led by the U.S. Treasury, informed Cypress that it had determined "there are no unresolved national security concerns" with the merger, the San Jose, California-based company said in a statement.

  • Bloomberg

    Trump Blocks Chinese Deal for U.S. Software Firm StayNTouch

    (Bloomberg) -- President Donald Trump ordered the Chinese acquisition of a hotel property management software company reversed on national security grounds.Trump ordered Beijing Shiji Information Technology Co. to unwind its 2018 acquisition of StayNTouch Inc., the White House said in a statement on Friday.Trump said there was “credible evidence” the Chinese company “might take action that threatens to impair the national security of the United States.”The order marked the third time Trump has blocked a foreign takeover of a U.S. company on national security grounds, and just the sixth time a U.S. president has done so in three decades.The Trump administration has ramped up scrutiny of Chinese acquisitions of American businesses over risks to national security. The panel that reviews foreign investments in U.S. firms, the Committee on Foreign Investment in the U.S., has thwarted a number of Chinese deals, especially for technology companies.CFIUS has raised security concerns about Infineon Technologies AG’s proposed acquisition of Cypress Semiconductor Corp., and has recommended the Trump block it, Bloomberg News reported on Thursday.The Trump administration previously blocked a Chinese deal for Lattice Semiconductor Corp. and Broadcom Inc.’s hostile bid for Qualcomm Inc. Although Broadcom was based in Singapore at the time, the administration cited fears that the deal would harm innovation by Qualcomm and give China an edge in developing wireless technology.Beijing Shiji provides software for the hospitality, food service, retail and entertainment industries. The White House order doesn’t specify the national security risks at issue, but said Beijing Shiji is prohibited from accessing hotel guest data through StayNTouch, which is based in Bethesda, Maryland.(Updates with order in fourth paragraph.)\--With assistance from Jenny Leonard.To contact the reporter on this story: David McLaughlin in Washington at dmclaughlin9@bloomberg.netTo contact the editors responsible for this story: Sara Forden at sforden@bloomberg.net, Ros KrasnyFor more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

  • Reuters - UK Focus

    LIVE MARKETS-Rising euro delivers double whammy for STOXXE

    * Bourses fall in virus worries * Europe's bank at lowest since 2009 Welcome to the home for real-time coverage of European equity markets brought to you by Reuters stocks reporters. You can share your thoughts with Thyagaraju Adinarayan (thyagaraju.adinarayan@tr.com), Joice Alves (joice.alves@tr.com), Julien Ponthus (julien.ponthus@tr.com) in London. The currency has actually been on fire since the coronavirus started shaking global market and the dollar sunk after the Fed cut.

  • Reuters - UK Focus

    LIVE MARKETS-Stock picking tips

    * Bourses fall in virus worries * Europe's bank at lowest since 2009 Welcome to the home for real-time coverage of European equity markets brought to you by Reuters stocks reporters. You can share your thoughts with Thyagaraju Adinarayan (thyagaraju.adinarayan@tr.com), Joice Alves (joice.alves@tr.com), Julien Ponthus (julien.ponthus@tr.com) in London. STOCK PICKING TIPS (1540 GMT) Here are some stock picking tip from BNP Paribas' Edmund Shing.

  • Infineon Deal Scrutiny Raises Trade Threat to Europe Tech Firms
    Bloomberg

    Infineon Deal Scrutiny Raises Trade Threat to Europe Tech Firms

    (Bloomberg) -- U.S. officials are dragging Europe’s technology industry more deeply into a trade war with China, threatening the region’s ability to create its own semiconductor giants.The Committee on Foreign Investment is urging President Trump to block Infineon Technologies AG’s $8.7 billion acquisition of Cypress Semiconductor Corp., claiming it poses a risk to national security, Bloomberg News first reported Thursday. Although it wasn’t clear what spooked Cfius, both Infineon and Cypress have Chinese customers including Huawei Technologies Co. Cfius is sensitive about deals allowing Chinese buyers to get their hands on advanced American technology.QuickTake: All About CFIUS, Trump’s Watchdog on China DealmakingEurope’s tech firms have tried to stay neutral in the power struggle. Semiconductor makers said earlier this year that they’d keep supplying Huawei after after a Trump’s administration order in May demanding U.S.-based companies stop. At the time a spokesman for Infineon said the majority of products it delivers to Huawei were not subject to U.S. restrictions.In recent months European lawmakers have pushed back against Trump’s calls to cut Huawei out of European telecom infrastructure. The U.K., France, and Germany are all looking to keep the door open to the Chinese telecom giant in some way, nubbing the U.S. view that Huawei could be a security risk. Italy, Croatia, Hungary and Switzerland have signed partnerships with Huawei.Huawei is Infineon’s sixth-largest customer accounting for about 2.4% of sales, according to supply chain data compiled by Bloomberg. Other Chinese buyers of Infineon products include iPhone-assembler Hon Hai Precision Industry Co. and Tencent Holdings Ltd.“Obviously national security considerations are very important,” said Keily Blair, Partner at law firm Orrick. “It would be good to see an evidence-based approach in the U.S., similar to what we have seen in the U.K. with Huawei.”In 2017, Cfius blocked Infineon’s proposed deal for Wolfspeed, a semiconductor unit of U.S.-based Cree Inc. Aixtron SE’s planned sale to a Chinese-backed company collapsed in 2016 after U.S. opposition. Trump has also blocked Broadcom Inc.’s hostile takeover of Qualcomm Inc.“We have always been less sure about the regulatory approvals than Infineon management,” said Citigroup Inc. analyst Amit Harchandani, “given the number of recent cross-border deals failing to clear the regulatory hurdle.”The U.S. is also trying to dictate who European firms do business with. Dutch chip gear-maker ASML Holding NV has had difficulty renewing an export license to China following U.S. political pressure. The company wants to sell equipment to China that would help the company produce its own next-generation chips and help it wean itself off foreign imports.In January, U.S. ambassador to the Netherlands Pete Hoekstra told Dutch newspaper Het Financieele Dagblad that ASML’s technology “doesn’t belong in certain places,” suggesting China. The Chinese ambassador, Xu Hong, had warned days earlier in the same paper that the relationship between the Netherlands and China was at risk if the government blocks EUV machine exports.Other European tech deals are now in focus. British chip designer Dialog Semiconductor is another key figure in the European tech supply chain with Chinese customers and American acquisition targets. In February, it said it’d agreed to buy Santa Clara, California-based Adesto Technologies Corp. for about $380 million.Dialog’s biggest customer is Apple Inc., but Huawei is its third-largest with an exposure of about 2.1%. Dialog CEO Jalal Bagherli declined to comment when contacted by Bloomberg on Friday.Although Cypress’s share price has collapsed following the report that Cfius is interested in the deal, some analysts believe all is not lost. “We believe mitigation conditions might still be an option and it would be premature to assume the deal is off,” said Citi’s Harchandani.“We believe worst-case we have a delay until the closing,” Vijay Rakesh, analyst at Mizuho Sescurites, said. A “potential delay or divestiture would be par for the course, but we see deal as mostly consummated.”\--With assistance from Nate Lanxon.To contact the reporters on this story: Giles Turner in London at gturner35@bloomberg.net;Sarah Syed in London at ssyed35@bloomberg.netTo contact the editors responsible for this story: Tom Giles at tgiles5@bloomberg.net, Nate Lanxon, Amy ThomsonFor more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

  • Reuters - UK Focus

    LIVE MARKETS-European banks at lowest since 2009

    You can share your thoughts with Thyagaraju Adinarayan (thyagaraju.adinarayan@tr.com), Joice Alves (joice.alves@tr.com), Julien Ponthus (julien.ponthus@tr.com) in London. Seems there's a combination of straight recession fears (with all that means in terms of toxic NPLs quickly building up) and expectations of another ECB cut which would bite hard into margins again.

  • Reuters

    Infineon shares fall up to 5% on report U.S. officials oppose Cypress deal

    Infineon declined comment, saying that it did not discuss ongoing proceedings as a matter of policy. Were the deal's chances to change materially, it would be required under German stock exchange rules to issue a statement promptly. The Bloomberg report https://bloom.bg/2IoTpf6 said officials with the Treasury-led Committee on Foreign Investment in the United States (CFIUS) had concluded that the deal posed a national security risk, although it did not give a reason why.

  • Reuters - UK Focus

    MORNING BID-Between stimulus euphoria and virus dejection

    Two-year U.S. Treasury yields have dropped almost 85 bps in the past two weeks – their biggest two-week drop since 1987. The slide in U.S. Treasury yields further eroded the dollar's interest rate advantage.

  • Trump Advised to Halt Infineon Deal Amid China Security Risk
    Bloomberg

    Trump Advised to Halt Infineon Deal Amid China Security Risk

    (Bloomberg) -- U.S. national security officials are recommending that President Donald Trump block Infineon Technologies AG’s proposed acquisition of Cypress Semiconductor Corp., according to people familiar with the matter.The officials are concerned that Infineon’s $8.7 billion deal for the American chipmaker poses a risk to national security, said three people familiar with the matter. Infineon, a German semiconductor maker with substantial Chinese revenue, has tried to negotiate an agreement with the government that would let the takeover proceed, but hasn’t been able to reach a deal, one of the people said. All of the people asked not to be named discussing a national security matter.It wasn’t clear why officials with the Committee on Foreign Investment in the U.S., which reviews foreign takeovers of U.S. businesses, see a national security risk from the deal. The panel, however, is particularly sensitive to any transaction that could allow Chinese buyers to get their hands on advanced American technology.Read more: About CFIUS, Trump’s Watchdog on China Deals: QuickTakeCypress shares fell as much as 21% earlier before closing down 17.4 percent at $19.18. The shares dropped an additional 10% in extended trading on Thursday. Infineon fell as much as 5% in trading in Frankfurt on Friday.Cfius, which is led by the Treasury Department, can recommend the president block deals to protect national security. Congress gave the panel enhanced powers in 2018 to scrutinize foreign investment in U.S. companies.The Cypress deal would catapult Infineon into the top 10 of global chipmakers based on sales. Infineon derives a third of its sales from China, according to data compiled by Bloomberg.The White House’s National Security Council and Cypress declined to comment. Infineon didn’t immediately respond to requests for comment. Cfius as a policy never comments on its reviews.Infineon told investors on an earnings call last month that it was negotiating a potential settlement for the deal.“We have a very good understanding about the requirements of U.S. government, what they expect and we are working together with them in order to resolve that,” Infineon Chief Executive Officer Reinhard Ploss said. “Our expectation is that we find a setup, which is supporting our revenue synergies.”Cypress, based in San Jose, sells components to the defense industry, although its products are not considered particularly sensitive. The company’s website highlights several offerings that are either suitable or designed for aerospace and defense customers, including “defense grade memory” parts that can “withstand military operating temperature ranges.”The Trump administration has toughened its review of foreign acquisitions of U.S. businesses, particularly technology companies. Trump has blocked two takeovers on national security grounds, Broadcom Inc.’s hostile takeover of Qualcomm Inc. and Lattice Semiconductor Corp.’s sale to a Chinese-backed investor.In 2017, Infineon tried to buy Wolfspeed, a semiconductor unit of U.S.-based Cree Inc., but the the deal was blocked by Cfius. Wolfspeed manufactures a type of semiconductor increasingly used in telecommunications and radar systems.(Updates with Cypress, Infineon shares in fourth paragraph)\--With assistance from Ian King and Joshua Fineman.To contact the reporters on this story: Saleha Mohsin in Washington at smohsin2@bloomberg.net;David McLaughlin in Washington at dmclaughlin9@bloomberg.net;Jenny Leonard in Washington at jleonard67@bloomberg.netTo contact the editors responsible for this story: Sara Forden at sforden@bloomberg.net, ;Alex Wayne at awayne3@bloomberg.net, ;Margaret Collins at mcollins45@bloomberg.net, Paula Dwyer, Alistair BarrFor more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

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